India Still Favored Destination for Tech Investment

Much was made of the decisions by Apple and a few other companies to withdraw operations from India earlier this year. A stream of articles appeared, with many pundits wondering whether these moves signaled a bigger trend.

Based on recent reports of growing foreign investment in India, however, it appears that those earlier withdrawals were nothing more than a momentary bump in the road on India's way to becoming a tech mecca.

Among the tech powerhouses making big investments in Indian operations: IBM, Cisco, Intel, Microsoft, Nokia and EMC.

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